LyondellBasell Industries N.V. reports results for the quarter ended September 30 - Earnings Summary

• LyondellBasell Industries N.V. LYB.N reported quarterly adjusted earnings of $2.54​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.01. The mean expectation of twenty analysts for the quarter was for earnings of $2.57 per share. Wall Street expected results to range from $2.19 to $2.96 per share.

• Revenue rose 10% to $8.50 billion from a year ago; analysts expected $8.87 billion.

• LyondellBasell Industries N.V.'s reported EPS for the quarter was $2.32​.

• The company reported quarterly net income of $756 million.

• LyondellBasell Industries N.V. shares had risen by 13.7% this quarter and gained 51.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 11 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is "buy."

• Wall Street's median 12-month price target for LyondellBasell Industries N.V. is $66.00, about 1% above its last closing price of $65.37

This summary was machine generated from LSEG data October 30 at 02:10 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)